The global automotive camshaft market is expected to grow at a CAGR of 3% during 2019-2024

A camshaft is a rod-like structure which controls the input of fuel and expulsion of exhaust fumes in an internal combustion engine. It is driven by the crankshaft and forms one of the most vital components which govern the overall performance of an engine.

The leading automotive companies such as BMW, Audi, Volkswagen and Mercedes-Benz are incorporating the variable valve (VVT) technology in their latest car models. This technology helps in improving engine performance by changing the duration of the opening and closing of valves during operations. In recent years, the demand for high-performance vehicles using VVT technology has led to a significant surge in the sales of camshafts across the globe.

Apart from this, stringent automobile standards introduced by the governing authorities in various countries and the emerging trend of engine downsizing are also propelling the market growth. Moreover, on account of increasing investments in infrastructure development, particularly in developing countries, the production of heavy motor vehicles has also increased. Therefore, the rising vehicle fleet size is anticipated to catalyze the demand for automotive camshaft.

However, the growing popularity of motor-powered electric vehicles (EVs) represents one of the key factors that can hamper the market growth in the upcoming years.

This latest report provides a deep insight into the global automotive camshaft market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

Key Questions Answered in This Report:

How has the global automotive camshaft market performed so far and how will it perform in the coming years?

What are the key regional markets in the global automotive camshaft industry?

What is the breakup of the market based on the manufacturing technology?

What is the breakup of the market based on the vehicle type?

What is the breakup of the market based on the distribution channel?

What are the various stages in the value chain of the global automotive camshaft industry?

What are the key driving factors and challenges in the global automotive camshaft industry?

What is the structure of the global automotive camshaft industry and who are the key players?

What is the degree of competition in the global automotive camshaft industry?